Courses:

Course Info

• Course Number / Code:
• 14.452 (Spring 2007) 
• Course Title:
• Macroeconomic Theory II 
• Course Level:
• Graduate 
• Offered by :
• Massachusetts Institute of Technology (MIT)
  Massachusetts, United States  
• Department:
• Economics 
• Course Instructor(s):
• Prof. Olivier Blanchard 
• Course Introduction:
•  
• 
  
  14.452 Macroeconomic Theory II
  
  
  
  

  Spring 2007

  
  
  

  
  
  

  Course Highlights

  
  
  

  
  
  14.452 Macroeconomic Theory II
  
  
  
  

  Spring 2007

  
  
  

  

  Constitution Avenue entrance of the Federal Reserve, Washington, DC. (Image courtesy of J. D. Welch.)

  
  
  

  Course Description

  
  
  

  This is the second course in the four-quarter graduate sequence in macroeconomics. Its purpose is to introduce the basic models macroeconomists use to study fluctuations. Topics include the basic model or the consumption/saving choice, the RBC model or the labor/leisure choice, non-trivial investment decisions, two-good analysis, money, price setting, the "new Keynesian" model, monetary policy, and fiscal policy.
  
  

  Recommended Citation

  
  
  

  For any use or distribution of these materials, please cite as follows:

  Olivier Blanchard, course materials for 14.452 Macroeconomic Theory II, Spring 2007. MIT OpenCourseWare (http://ocw.mit.edu/), Massachusetts Institute of Technology. Downloaded on [DD Month YYYY].